Insurance Telematics
Service
In today’s transport and insurance landscape, risk management is everything. Traditional insurance models rely on estimates and assumptions, often leaving insurers vulnerable to fraud and losses, while safe drivers end up paying the same premiums as risky ones. Telematics changes that.
At Icon Ventures, we provide telematics-based solutions that give insurers, fleet owners, and drivers access to real, actionable driving data. By installing IoT-enabled GPS trackers in vehicles, insurers gain visibility into not just where a vehicle is—but how it’s being driven. This leads to fewer claims, improved road safety, and stronger profitability.
How It Works
Vehicles equipped with our telematics devices continuously transmit critical data, including:
Real-time GPS tracking of every trip.
Average speed, acceleration, braking, and cornering.
Insights into risky driving patterns.
Event reconstruction for accurate claim assessments.
All this information is captured, analyzed, and presented in easy-to-understand dashboards and reports. This empowers both insurers and drivers to make informed decisions that lead to safer roads and fairer policies.
The Icon Ventures Advantage
Unlike generic telematics systems, our solutions are:
Tailored to Zambia’s Market
Designed to address local road safety challenges.
Fit for individuals, SMEs, and large insurance providers.
From device installation to data interpretation, our Lusaka-based team provides hands-on support.
Can be combined with fleet tracking, fuel monitoring, and cold chain systems for holistic risk management.
Key Benefits
- Reduction of Fraudulent Claims
- Comprehensive & Accurate Data
- Improved Loss Ratios
- Safer Roads
- Fairer Pricing
Why Insurance Telematics Matters
Our top priority is customer satisfaction and we work closely with clients to understand their unique needs and goals.
For Insurers
Gain comprehensive, verified data to improve underwriting accuracy, reduce fraud, and optimize claims management.
For Businesses
Reduce fleet risks, encourage better driver habits, and lower insurance costs.
For Drivers
Demonstrate safe driving practices that can result in lower premiums and rewards.